Pennsylvania Capital Management Inc. ADV Has $1.62 Million Stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX)

Pennsylvania Capital Management Inc. ADV increased its stake in Schwab US Large-Cap ETF (NYSEARCA:SCHX) by 218.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 69,766 shares of the company’s stock after purchasing an additional 47,879 shares during the period. Schwab US Large-Cap ETF makes up 0.6% of Pennsylvania Capital Management Inc. ADV’s holdings, making the stock its 28th largest position. Pennsylvania Capital Management Inc. ADV’s holdings in Schwab US Large-Cap ETF were worth $1,617,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Concourse Financial Group Securities Inc. lifted its position in shares of Schwab US Large-Cap ETF by 224.3% in the third quarter. Concourse Financial Group Securities Inc. now owns 373 shares of the company’s stock worth $25,000 after purchasing an additional 258 shares in the last quarter. City State Bank bought a new position in Schwab US Large-Cap ETF in the third quarter valued at $42,000. Marquette Asset Management LLC acquired a new stake in Schwab US Large-Cap ETF in the 3rd quarter valued at $43,000. Cornerstone Planning Group LLC lifted its position in Schwab US Large-Cap ETF by 200.8% during the 3rd quarter. Cornerstone Planning Group LLC now owns 791 shares of the company’s stock worth $54,000 after buying an additional 528 shares in the last quarter. Finally, Sound Income Strategies LLC bought a new stake in Schwab US Large-Cap ETF during the 3rd quarter worth about $57,000.

Schwab US Large-Cap ETF Price Performance

Shares of NYSEARCA SCHX opened at $23.72 on Tuesday. The business has a 50-day moving average of $23.69 and a 200-day moving average of $22.79. The stock has a market capitalization of $15.46 billion, a price-to-earnings ratio of 26.53 and a beta of 1.02. Schwab US Large-Cap ETF has a fifty-two week low of $19.35 and a fifty-two week high of $24.23.

Schwab US Large-Cap ETF Profile

Schwab U.S. Large-Cap ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Total Stock Market Index (the Index). The Fund’s index includes the large-cap portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S. Large-Cap Total Stock Market Index includes the components ranked 1-750 by full market capitalization.